This paper presents empirical evidence on the determinants of industry-level multifactor productivity growth. It focus on traditional factors, including the process of technological catch up, human capital and R&D as well as institutional factors affecting labor adjustment costs. The link...

Global growth again disappointed in 2014 but a lackluster recovery is underway, with increasingly divergent prospects in major economies. Looking ahead, growth is expected to rise slowly, supported by continued recovery in high-income countries and receding domestic headwinds in developing...

This paper investigates the patterns of capital entry barriers and capital returns in informal Micro and Small Enterprises (MSE's) using a unique micro data set seven West-African countries. The author's findings support the view of a heterogeneous informal sector that is not primarily host to...

This paper examines the methodologies for project evaluation that, in principle, have been adopted and are stylized by the World Bank.

This study focuses on the process of technology catch-up and competitive advantage creation, drawing on the successful experiences of Japan, Korea, Singapore, Taiwan, and Hong Kong -- the newly industrialized countries (NICs). It shows how the NICs countries have exploited the opportunities made...